This is a solid company with a great management team. They are presented with all sorts of great business opportunities to diversify their business all day everyday as seen in their responses to Bursa recently. I am holding on to my shares and wait to find out the next Big thing from this company.

Vice Chairman bought another Rm30 million shares yesterday. Total investment over Rm100 million in the past 9 weeks.

The company's Vice Chairman bought another Rm7.6 million shares last Friday. He has spent more than Rm70 million in the past 9 weeks buying the company shares in his own name. Can't wait for the great news to be announced!

The Net Tangible Assets of IOI Properties is Rm3.42. Current price of Rm1.50 represents a 56% discount, great value for a well managed company.

IOI Properties Vice Chairman who is also a majority shareholder bought another Rm6.8 million IOI Properties shares yesterday. He has spent about Rm63 million in the past 9 weeks buying the company shares in his own name. I can't wait to find out great news from the company!!

The company's Vice Chairman who is also a majority shareholder bought another Rm6.8 million shares yesterday. He has spent about Rm63 million in the past 9 weeks buying the company shares in his own name. I can't wait to find out great news from the company!!

IOI Properties will release its quarterly results this month. Market is expecting positive results and great project news. Given IOI Corp has been actively embarking on diversifying its businesses, it is reasonable to assume IOI Properties will also follow the same trend.

https://www.klsescreener.com/v2/news/view/787085/ioi产业涨22仙-业绩企业活动受关注

Selling pineapple is great news, but it relates to IOI Corp not IOI Properties

Current share price of Rm1.40 is 59% lower than its NTA of Rm3.42, still good value

I believe exciting news will be announced soon. It's Vice Chairman who is also a majority shareholder has spent in excess of Rm56 million recently buying more than 39 million shares in his own name between November 2020 and late January e.g. he bought 29.6 million shares at Rm1.43 three weeks ago.

@Albukhary, many thanks for your detailed analysis, much appreciated. The price targets you have derived is fair and reasonable. The price will be a lot higher when the big boys decided to move this up as it is relatively less capital intensive to do i.e. it is still a cheapo penny stock with low share floats of approx. 24.5%.

@Albukhary: Later 2:30pm open to shoot up to RM0.835

Agreed, great minds think alike!

It is very easy for the big boys to move the price up as this counter has very low share float. Top 10 shareholders owned 75.5% of its shares, out of which 68.2% is owned by Dato Ong and entity related to him

It is not too far fetch to think Dato Ong being the majority shareholder of Ruberex and owned > 5% shares of Comfort gloves has strategic plans to bring Hextar into the gloves picture. Does anyone has any news?

Expecting good news from the AGM and quarterly report. It's operations has been positively impacted by MCO. Holding tight to my shares as this is one of the penny stocks which has quality and growing products and services.